Inglewood Home Assist Fund

Join the City of Inglewood and Century to score big for affordable housing

Exciting developments have brought the world to the City of Inglewood for sports, entertainment, and business opportunities. But for Inglewood residents, these changes have come at a cost with rising rents leading to tough choices.

The Inglewood Home Assist Fund (Inglewood Fund) takes center court as a $75 million initiative to meet the growing demand for housing in the City of Inglewood. The fund is made possible by the City of Inglewood in connection with the construction of the Intuit Dome. Century Housing, along with our partners, will administer the fund by lending to qualified developers for the acquisition, development, and preservation of affordable and mixed-income housing. Developers based in Inglewood will receive priority.

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Focus & Availability

The Inglewood Fund will provide specialized financing for the acquisition, preservation, and development of affordable housing and mixed-income housing in Inglewood.

Loan products include predevelopment, acquisition, construction, and permanent financing

3% fixed interest rates

Expert origination team with local experience

Take a leading role in the development of critically needed affordable housing

Inglewood Home Assist Fund Terms (PDF)

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Inglewood Fund In Action

Stadium Village

Inglewood, California

Developer
Community HousingWorks

Loan Type: Permanent
Units: 80
Population: Families

Community HousingWorks has secured permanent financing for Stadium Village, an 80-unit apartment complex along Crenshaw Boulevard in Inglewood. This development will maintain affordable rents for residents earning up to 80% of the area median income for the next 55 years, ensuring long-term housing stability in the rapidly growing area. Light upgrades are planned for apartments as they become available, enhancing living conditions for current and future tenants.

More from our news page: First Deal Closed Through Inglewood Home Assist Fund

Previously Financed in Inglewood

Beach Avenue Housing

Westside Residence Hall

Eucalyptus Villas

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Century Housing Corporation is a nonprofit Community Development Financial Institution financing affordable housing development throughout California. Century Villages at Cabrillo, Inc. and Century Affordable Development, Inc. are independent nonprofit entities affiliated with Century Housing Corporation.

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